PV installations in countries outside of China are forecast to grow 43 percent in 2019 LONDON: The global solar photovoltaic (PV) market is set to bounce back from single-digit growth in 2018 to 25 percent growth in 2019, reaching 129 gigawatts of solar installations, according to global business information provider IHS Markit (NASDAQ: INFO). This […]
Paris, We Have a Problem: World’s Largest Economies Not Getting Policy Mix Right to Avoid Worst of Climate Change, IHS Markit Says
Carbon-pricing mechanisms, including carbon taxes and emission trading systems, are falling well short of levels needed to achieve low-emission targets Carbon prices in the G20 (through September 2018). Source: IHS Markit HOUSTON: Despite potentially game-changing shifts in energy use and supply patterns during the coming decades, the world may not be able to reach a […]
North American Wind Power O&M Costs to Increase Nearly 40 Percent in Coming Decade, IHS Markit Says
Expanded North American benchmarking study says larger projects have greater cost-stability over time North American Wind CAPEX Vs. OPEX Outlook 2018 – 2030. HOUSTON: Operations and maintenance (O&M) expenses for wind power assets will cost the industry about $7.5 billion annually by 2021,. according to new analysis from IHS Markit (Nasdaq: INFO), a world leader in critical […]
Global Solar PV Demand Is Forecast to Reach Record 113 GW in 2018, IHS Markit Says
Strong demand from the Chinese market is expected to persevere LONDON: Global solar photovoltaic (PV) demand is forecast to hit another annual record of 113 gigawatts in 2018, propelled by strong demand anticipated in China. According to business information provider IHS Markit (Nasdaq: INFO), burgeoning demand from the Chinese market is expected to persevere on […]